What documents prove that a vehicle belongs to an individual?
1 Answers
Documents typically include the vehicle registration certificate, vehicle license, vehicle purchase tax payment certificate, annual inspection compliance sticker, green environmental protection sticker, and compulsory traffic insurance sticker. Below is relevant information about the vehicle registration certificate: 1. Vehicle License: The vehicle license is the most important document. Once license plates are issued and the vehicle is on the road, the vehicle license must be carried with the vehicle at all times. Compulsory traffic insurance is also mandatory for vehicles on the road and must be prominently displayed on the front windshield. The vehicle compliance certificate, which proves the vehicle is free from defects or safety issues, must also be prominently displayed on the front windshield. 2. Financing a Vehicle: If the vehicle is purchased through a loan or installment plan, the purchase invoice and vehicle registration certificate will be held as collateral by the bank. Only after the loan is fully repaid and a loan clearance certificate is obtained from the bank can these documents be retrieved. Additionally, when completing the vehicle lien release process after loan repayment, both the vehicle registration certificate and purchase invoice are required.
